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23914 Spring Briar Ln, Spring, TX 77373

3 beds • 2 baths • 2440 sqft

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This property might be a fair Mid-Term investment with a projected 7.09% first-year return on $62,100 initial cash invested.

7.09%

Cash On Cash

8.9%

Cap Rate

1.47

DSCR

$3,300

Rent

$367

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$210k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$62,100

Downpayment

20%

$42,000

Closing costs

1%

$2,100

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$3,300

Total Expenses

$2,933

Mortgage P&I

32%

$1,058

Property Taxes

18%

$606

Home Insurance

2%

$74

HOA

2%

$73

Property Management

12%

$396

CapEx

4%

$132

Vacancy

3%

$99

Maintenance

4%

$132

Other

11%

$363

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